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DEVELOP GLOBAL LIMITED Capital/Financing Update 2012

Jan 31, 2012

64801_rns_2012-01-31_30e1a5ec-4bbf-4f7c-90b8-9d179fb042e2.pdf

Capital/Financing Update

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==> picture [239 x 79] intentionally omitted <==

EXPIRY OF UNLISTED OPTIONS

The Company advises that the following unlisted options have expired:

expired:
ASX CODE NO. OFOPTIONS EXERCISEPRICE EXPIRY DATE
VXRAK 18,947,368 9.5 cents 31 January 2012

ASX Announcement ASX Code: VXR Released: 1 February 2012

For further details Ms Liza Carpene Company Secretary T: +61 8 6389 7400 M: +61 411 407 835 [email protected]

Yours faithfully

Board

Tony Kiernan Chairman

LIZA CARPENE Company Secretary

Tim Sugden Managing Director

Allan Trench Non-Executive Director

John Nitschke Non-Executive Director

Anthony Reilly Executive Director

Liza Carpene Company Secretary

Contact Details

Registered Office Suite 3, Level 1 127 Cambridge Street West Leederville WA 6007

T: +61 8 6389 7400 F: +61 8 9463 7836 [email protected] www.venturexresources.com

ABN: 28 122 180 205